Tuan Sing Holdings, a property developer and investment firm listed in Singapore, has unveiled plans to reconstruct its mixed-use properties at 121-131 Collins Street and 23-25 George Parade in Melbourne. The company’s subsidiary, Grand Hotel Group (GHG), has partnered with Hong Kong-based urban design firm Urbis Ltd to submit a Town Planning Application to the City of Melbourne for the proposed works.
Currently, the properties are home to the 550-room Grand Hyatt Hotel and various retail spaces. In the reconstruction, much of the existing podium structure will be retained, allowing business operations for tenants and the Grand Hyatt Hotel to continue without interruption.
According to Tuan Sing’s announcement on Nov 14, the works will mainly focus on façade modifications, extensive refurbishment, and reconfiguration of spaces in the property’s podium from levels 4 to 9B. Upon completion and subject to regulatory approvals, the site will cover a total gross floor area of approximately 909,550 sq ft and introduce a new luxury retail and F&B precinct.
Tuan Sing’s CEO, William Liem, states, “The podium redevelopment at 123 Collins Street will redefine connectedness and activation at one of the most prominent intersections in Melbourne’s storied Paris End.” He also adds that this transformation can serve as an architectural statement of the company’s environmental stewardship. By opting to reimagine rather than rebuild, Tuan Sing is pursuing a sustainable vision that supports a thriving, connected, and culturally vibrant Melbourne for generations to come.
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